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Report Date : |
16.05.2014 |
IDENTIFICATION DETAILS
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Name : |
CENTER ROYAL
QUIMICA INDUSTRIAL LTDA |
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Registered Office : |
Rua Marcos Toquetao,248 / 258 / 278 - Jardim Jussara, 16021-345 -
Aracatuba/SP |
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Country : |
Brazil |
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Date of Incorporation : |
16.04.1986 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Manufacture of cleaning products. |
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No. of Employees |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31, 2014
|
Country Name |
Previous Rating (31.12.2013) |
Current Rating (31.03.2014) |
|
Brazil |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low Risk |
A2 |
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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
D |
BRAZIL - ECONOMIC OVERVIEW
Characterized by large and
well-developed agricultural, mining, manufacturing, and service sectors, and a rapidly
expanding middle class, Brazil's economy outweighs that of all other South
American countries, and Brazil is expanding its presence in world markets.
Since 2003, Brazil has steadily improved its macroeconomic stability, building
up foreign reserves, and reducing its debt profile by shifting its debt burden
toward real denominated and domestically held instruments. In 2008, Brazil
became a net external creditor and two ratings agencies awarded investment
grade status to its debt. After strong growth in 2007 and 2008, the onset of
the global financial crisis hit Brazil in 2008. Brazil experienced two quarters
of recession, as global demand for Brazil's commodity-based exports dwindled
and external credit dried up. However, Brazil was one of the first emerging
markets to begin a recovery. In 2010, consumer and investor confidence revived
and GDP growth reached 7.5%, the highest growth rate in the past 25 years.
Rising inflation led the authorities to take measures to cool the economy;
these actions and the deteriorating international economic situation slowed
growth in 2011-13. Unemployment is at historic lows and Brazil's traditionally
high level of income inequality has declined for each of the last 14 years.
Brazil's historically high interest rates have made it an attractive
destination for foreign investors. Large capital inflows over the past several
years have contributed to the appreciation of the currency, hurting the
competitiveness of Brazilian manufacturing and leading the government to intervene
in foreign exchange markets and raise taxes on some foreign capital inflows.
President Dilma ROUSSEFF has retained the previous administration's commitment
to inflation targeting by the central bank, a floating exchange rate, and
fiscal restraint
|
Source
: CIA |
CENTER ROYAL
QUIMICA INDUSTRIAL LTDA
|
MAIN ADDRESS: |
RUA MARCOS TOQUETAO,248 / 258 / 278 - JARDIM JUSSARA |
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ZIP CODE/CITY: |
16021-345 - ARACATUBA/SP |
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PHONE: |
18 3631-1313 |
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FAX: |
18 3631-1313 |
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E-MAIL: |
financeiro@centerquimica.com |
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WEB SITE: |
www.centerquimica.com |
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BRANCHES: |
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NOT AVAILABLE. |
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MAIN ACTIVITIES: |
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MANUFACTURE OF CLEANING PRODUCTS. |
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LEGAL FORM: |
LIMITED
LIABILITY COMPANY |
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INCORPORATION DATE: |
16/04/1986 |
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REGISTER DATE: |
16/04/1986 |
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BALANCE SHEET FILING DATE: |
31-12 |
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TAX CONTRIBUTOR NUMBER(CNPJ): |
55.625.750/0001-40 |
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STATE REGISTER: |
177.056.145.110 |
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SHARE CAPITAL: |
R$ 1.000.000,00 |
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BOARD OF
DIRECTORS: |
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MARIA LUCIA BOMPEAN BARBOSA |
MANAGING PARTNER |
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FELISBERTO BARBOSA |
MANAGING PARTNER |
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THE MANAGING PARTNERS ARE AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY. |
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SHAREHOLDERS /
PARTNERS: |
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MARIA LUCIA BOMPEAN BARBOSA |
50% |
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FELISBERTO BARBOSA |
50% |
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AFFILIATES /
SUBSIDIARIES |
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A SCAN THROUGH OUTSIDE SOURCES SHOWED THE SUBJECT AND/OR DIRECTORS HAS
THE FOLLOWING UNCONFIRMED HOLDINGS: |
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CENTERFORT SEGURANÇA E PROTEÇĂO LTDA |
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CENTERFORT SERVIÇOS DE PORTARIA LTDA |
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SET SEGURANÇA ELETRONICA E MONITORAMENTO |
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CENTERFORT EQUIPAMENTOS DE SEGURANÇA ELE |
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CENTERCLEAN COMERCIO LIMPEZA E CONSERVAÇĂO |
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CENTER ROYAL QUIMICA INDUSTRIAL LTDA |
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THE SUBJECT WAS ESTABLISHED ON APRIL 16, 1986 AS "CENTERQUIMICA
COMERCIO E REPRESENTACOES LTDA" TO BE ENGAGED IN THE SAID LINE OF BUSINESS.
LATER IT ADOPTED THE ABOVE MENTIONED NAME AND UP TO DATE IT IS STILL
OPERATING WITHIN THE GENERAL SCENE REPORTED HEREIN. THE COMPANY OPERATES WITH THE TRADE NAME "CENTERQUIMICA". PARTNERS: FELISBERTO BARBOSA, BRAZILIAN, HOLDER OF DOCUMENTS, CPF:
959.494.028-04, RG/RNE: 9914146 - SP, RESIDENTIAL ADDRESS AT RUA FRANCISCO
BRAGA, 126, 12 ANDAR, APT, JARDIM BANDEIRANTES - ARACATUBA/SP. MARIA LUCIA BOMPEAN BARBOSA, BRAZILIAN, HOLDER OF DOCUMENTS, CPF: 112.215.488-75,
RG/RNE: 8858969 - SP, RESIDENTIAL ADDRESS AT RUA FRANCISCO BRAGA, 126, 12
ANDAR, APT, JARDIM BANDEIRANTES - ARACATUBA/SP. FURTHER DETAILS ARE SO FAR NOT KNOWN. REMARKS: -------- WHEN INTERVIEWED SOURCES AT THE SUBJECT STATED THAT ARE STILL WAITING
FOR AUTHORIZATION FROM THE PRINCIPALS TO PROVIDE THE DATA NECESSARY TO
COMPLETE THIS REPORT. A REQUEST FOR FURTHER DATA HAS BEEN SENT TO THE COMPANY. PROVIDED THE
DATA REQUESTED ARE RECEIVED FROM THE SUBJECT A COMPLEMENTARY REPORT WILL BE
SENT TO YOUR ATTENTION. THE DATA CONTAINED HEREIN WERE OBTAINED FROM OUTSIDE SOURCES, OUR
DATABASE AND OFFICIAL. NO FURTHER DATA WAS AVAILABLE WITH SEVERAL SOURCES
USUALLY INVESTIGATED. |
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PUBLIC INFORMATION: |
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NO DETRIMENTAL FILES WERE FOUND. |
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DUE TO THE SUBJECT'S LEGAL FORM, IT IS NOT OBLIGED TO PUBLISH THE
BALANCE SHEET INFORMATION. WHEN INTERVIEWING SOURCES AT THE SUBJECT COMPANY
DECLINED TO PROVIDE ANY KIND OF FINANCIAL INFORMATION. OUTSIDE SOURCES CONTACTED SHOWED NO FINANCIAL DATA ABOUT THIS COMPANY.
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EXCHANGE RATE: |
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US$ 1,00 = R$ 2,21 |
- OFFICIAL RATE ON 13/05/2014 |
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COMMENTS ON THE
FINANCIAL INFORMATION: |
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IN THE ABSENCE OF FINANCIAL INFORMATION NO COMMENTS CAN BE MADE ABOUT THE
SUBJECT'S CURRENT FINANCIAL STANDING. |
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REAL ESTATE: |
NOT AVAILABLE
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VEHICLES: |
NOT AVAILABLE
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MACHINES: |
NOT AVAILABLE
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NOT AVAILABLE. |
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NOT AVAILABLE |
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REMARKS: IN BRAZIL THE BANKS ARE PROHIBITED BY LAW TO PROVIDE
INFORMATION OR ANY KIND OF COMMENTS ABOUT THEIR CLIENTS. DUE TO THIS LAW
PROHIBITION WE ARE UNABLE TO PROVIDE ANY BANKING DETAILS. ACCORDING TO THE CENTRAL BANK OF BRAZIL OFFICIAL REPORT, THE COMPANY
HAS NOT RETURNED CHECKS UP TO DATE. (IN THE TERMS OF "CIRCULAR 1682
BRAZILIAN CENTRAL BANK"). |
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MANUFACTURE OF CLEANING PRODUCTS. |
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IMPORT AND
EXPORT: |
IMPORTS FROM:
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NOT AVAILABLE. |
EXPORTS TO:
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NOT AVAILABLE. |
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MAIN CLIENTS: |
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DOMESTIC
CLIENTS: |
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NOT AVAILABLE |
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STAFF: |
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THE COMPANY HAS: 25 EMPLOYEE(S) |
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THE SUBJECT WAS ESTABLISHED IN 1986. SO FAR IT HAS A CLEAR TRADE
HISTORY BUT SLOW PAYMENT BEHAVIOUR. NEVERTHELESS, AS NO DETRIMENTAL FILES ARE REGISTERED, IT MAY BE NOTED
THAT THE SUBJECT MEETS ITS TRADE AND FINANCIAL COMMITMENTS PROPERLY. THE COMPANY HAS TRADE RELATIONS WITH SOME LOCAL SUPPLIERS BUT UP TO
DATE ONLY SMALL PAYMENTS WERE REPORTED AND THE SUBJECT IS NOT SAID TO BE USER
OF TRADE CREDIT FACILITIES. |
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MAIN SUPPLIERS: |
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DOMESTIC
SUPPLIERS: |
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AGRO QUIMICA MARINGA S/A |
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COREMAL COM REPRES MAIA LTDA |
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MARCOS RIBEIRO & CIA LTDA |
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PAYMENT HISTORY: |
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3 SUPPLIERS REPORTED PAYMENTS: |
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TOTAL AMOUNT: R$ 39.898,00 |
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AMOUNT OF INVOICES PAID: 4 |
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TOTAL OF PROMPT PAYMENTS: 44,4% |
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TOTAL OF DELAYED PAYMENTS: 55,6% |
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HIGHEST INVOICE: R$ 22.186,00 |
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BASED ON THE OVERALL DATA AVAILABLE THE SUBJECT MAY BE CONSIDERED FOR
NORMAL BUSINESS COMMITMENTS. CREDIT FACILITIES HOWEVER SHOULD BE GRANTED ON FULLY
SECURED TERMS ONLY DUE TO THE ABSENCE OF FINANCIAL DATA. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.59.47 |
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|
1 |
Rs.99.70 |
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Euro |
1 |
Rs.81.55 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
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|
Report Prepared
by : |
PDT |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
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56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
NB |
New Business |
-- |
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This score serves as a reference to assess
SC’s credit risk and to set the amount of credit to be extended. It is
calculated from a composite of weighted scores obtained from each of the major
sections of this report. The assessed factors and their relative weights (as
indicated through %) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend (10%) Operational size
(10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or
its officials.